How many Austrian economists…
Image by Darren Hester via Flickr
Over at Marginal Revolution, Tyler Cowen makes a plea for Austrian economics jokes. I don’t know if this is an old one (I couldn’t find it online), but here it is:
Q: How many Austrian economists does it take to screw in a lightbulb?
(answer below the fold)
A: You can’t make quantitative predictions.
I’ll be here all night, folks.
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[...] thank you all in [...]
Don’t give up your day job Ryan!
Sigh. Three months late, I find this thread, so I finally get a chance to tell my one economics joke, with perhaps no one to hear it:
(Told to me by a friend who’d studied Economics at the U of Illinois-Chicago)
“Milton Friedman was delivering a lecture to a hall full of economics students, and one of the students fell asleep in his seat. Dr. Friedman, seeing the sleeping student, asked him a pointed question, Elbowed awake by his neighbor, the student realized what had happened, stood up and said, “Dr. Friedman, I was asleep and didn’t hear the question- but the answer is loosen the money supply.”
This seems to be as funny as the Dismal Science gets.